Jarden company has credit sales of $2,800,000 for year 2018. on december 31, 2018, the company’s allowance for doubtful accounts has an unadjusted credit balance of $19,474. jarden prepares a schedule of its december 31, 2018, accounts receivable by age. on the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. this information is summarized here. december 31, 2018 accounts receivable age of accounts receivable expected percent uncollectible
$560,000 not yet due 0.85%
224,000 1 to 30 days past due 1.60
44,800 31 to 60 days past due 6.10
22,400 61 to 90 days past due 30.75
4,480 over 90 days past due 64.00
1. estimate the required balance of the allowance for doubtful accounts at december 31, 2018, using the aging of accounts receivable method.

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $